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OPEC Agrees To Schedule Meeting On July 1-2

OPEC Agrees To Schedule Meeting On July 1-2

After weeks of disagreements, conflicting…

The Top 50 Oil & Gas Companies Of 2019

The Top 50 Oil & Gas Companies Of 2019

The playing field for global…

News

Ottawa Approves Critical Trans Mountain Expansion

Ottawa Approves Critical Trans Mountain Expansion

Jun 19, 2019 at 11:07 | Irina Slav

The federal government of Canada has approved the controversial Trans Mountain oil pipeline expansion project that it bought from Kinder Morgan last year. The project will triple the pipeline’s…

Air Strike Hits NOC Warehouse In Libya

Air Strike Hits NOC Warehouse In Libya

Jun 19, 2019 at 09:05 | Irina Slav

In what is the first confirmed strike against a foreign-owned oil asset, Libya’s National Oil Corporation said a warehouse in Tripoli that it owns jointly with Italian Eni was hit…

Oil Stabilizes On Small Crude Draw

Oil Stabilizes On Small Crude Draw

Jun 18, 2019 at 15:53 | Julianne Geiger

The American Petroleum Institute (API) reported a small draw in crude oil inventory of 812,000 barrels for the week ending June 13, but still coming in over analyst expectations of…

Crude Oil Trade May See “Massive Disruption” If US Targets Iran Directly

Crude Oil Trade May See “Massive Disruption” If US Targets Iran Directly

Jun 18, 2019 at 15:05 | Julianne Geiger

“Massive disruptions” could be seen in the crude oil trade in the Middle East, particularly in the Strait of Hormuz, according to a new report from IHS Markit. Spot…

Scientists Race To Produce Hydrogen Out Of Air And Sunlight

Scientists Race To Produce Hydrogen Out Of Air And Sunlight

Jun 18, 2019 at 12:32 | Tsvetana Paraskova

Just as the International Energy Agency (IEA) touts the benefits of scaling up hydrogen production and energy use, scientists are developing various technologies to find a cheap, eco-friendly, and…

Chinese Gasoline And Diesel Prices In Freefall As Fundamentals Worsen

Chinese Gasoline And Diesel Prices In Freefall As Fundamentals Worsen

Jun 18, 2019 at 11:38 | JLC

China’s domestic wholesale gasoline and diesel prices have been falling amid weakening international crude and soft market fundamentals recently, and they tend to lose more ground as…

OPEC Discusses Delaying Key Meeting To July 11-12

OPEC Discusses Delaying Key Meeting To July 11-12

Jun 18, 2019 at 11:06 | Tsvetana Paraskova

Just a week before OPEC and allies were set to meet in Vienna to discuss the fate of the production cut deal expiring in less than two weeks, participants are…

Struggling PDVSA Plans To Restart Curacao Refinery

Struggling PDVSA Plans To Restart Curacao Refinery

Jun 18, 2019 at 09:50 | Irina Slav

Venezuela’s struggling oil company PDVSA plans to resume operations at its Isla refinery on Curacao, a company official who wished to remain unnamed told S&P Global Platts. The refinery…

U.S. Will Send 1,000 Troops To Mideast As Tensions Continue To Rise

U.S. Will Send 1,000 Troops To Mideast As Tensions Continue To Rise

Jun 18, 2019 at 09:40 | Irina Slav

The Pentagon will send 1,000 additional U.S. troops to the Middle East on request from the Central Command for additional forces, Newsweek reports, citing a statement by the acting Secretary…

The Permian Craze Is Fizzling … But Shale Oil Production Isn’t

The Permian Craze Is Fizzling … But Shale Oil Production Isn’t

Jun 17, 2019 at 18:01 | Julianne Geiger

The frenzied Permania that had oil and gas companies rushing to the O&G hotspot may be on the outs, but production in the industry’s number one basin has not, according…


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